Companies

Lithuania

EU

Why

Lithuania is the most populated of the Baltic States, located South of Scandinavia and bordering Eastern Russia.

Its high income economy is primarily based on the service and the industry sectors. 

Ideally located between rich Scandinavian countries and Eastern Europe, Lithuania is familiar with international business between Eastern Europe, Russia and Western Europe.

Advantages

  • EU Member
  • EUR currency
  • Schengen area
  • 15% flat tax personal & corporations
  • Gateway between Western & Eastern Europe
  • Flexible service industry
  • Familiar with international business

Poland

EU

Why

Located in Central Europe, Poland has a developed market and is a regional power. The country maintains a high standard of living, life quality, safety, education, and economic freedom. It is one of the most dynamic economies in the world and the only European economy to have avoided the recession of 2008.

Not being dependent on a single sector, the country most successful exports include machinery, furniture, food products, clothing, shoes and cosmetics.

Poland’s largest trading partners include Germany, Czech Republic, United Kingdom, France and Italy.

Advantages

  • EU Member
  • Schengen area
  • Located in the heart of Europe
  • Stable and growing economy
  • Various industry sectors

Romania

EU

Why

Located at the crossroads of Central, Eastern, and Southeastern Europe.

Romania is currently one of the fastest growing economies in the EU. Its main exports are cars, software, clothing and textiles, industrial machinery, electrical and electronic equipment, metallurgic products, raw materials, military equipment, pharmaceuticals, fine chemicals, and agricultural products. Mostly within the EU (Germany and Italy).

Since 2000, Romania has increasingly attracted foreign investment, becoming the single largest investment destination in Southeastern and Central Europe.

Advantages

  • EU Member
  • Should adopt EUR by end of 2020
  • Should join Schengen area by end of 2019
  • Option for 5% reduced corporation tax rate
  • Crossroad  of Central, Eastern and Southeastern Europe
  • Strongly growing economy
  • Various industry sectors

Ukraine

Why

Located in Eastern Europe, Ukraine is currently in a territorial dispute with Russia over the Crimean Peninsula. It has a a multi-ethnic population: Ukrainians, Russian, Georgians, Romanians, Belarusians, Crimean Tatars, Jews, Bulgarians and Hungarians.

Developing country with low GDP per capita in Europe which suffers from high poverty and corruption but is regarded as high potential for future success, though likely only with new all-encompassing economic and legal reforms.

However, Ukraine is one of the world largest grain exporter, has a growing information technology (IT) market,  has a very large heavy-industry and a large refiner of metallurgical products. It is also well known for its production of high-technological goods and transport products, such as Antonov aircraft and various private and commercial vehicles.

Advantages

  • Option for 5% reduced corporation tax rate
  • Option for 5% reduced freelancer tax rate
  • Crossroad  of diverse Eastern European cultures
  • Various industry sectors